507/1 Manchester Lane, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

507/1 Manchester Lane
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 485m2
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Property Details for 507/1 Manchester Lane, Melbourne

507/1 Manchester Lane, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1912. The property has a land size of 485m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1912
Floor Size
44m2
Land Size
485m2
Local Government
Melbourne
Lot/Plan
507/PS431131

Last Listing description (February 2013)

HERITAGE CONVERSION
Built in 1912 in the Interwar period in the Art Noveau style with highly unusual ornaments, seemingly anticipating the 20th Century Post Modernism, the buildings facades' exaggerated rings appear to hold up the balustrade. While original and minimalist they speak nothing of the sleek clever contemporary apartments within its walls. With many of the original features included in the conversion, the stairwell still offers soaring pressed ceilings, lined with original tiles; the lift still maintains its external ornamental cast metal. The building foyer is a complete contrast, transforming, artistic and a hint of the apartments that follow.
This top floor corner apartment offers all. Timber floors, a wall of storage, built in laundry with trough while the tiled bathroom has an oversized shower. The beach wood finish kitchen has integrated dishwasher & a plethora of storage with large pull out pantry. Open plan dining, study & lounge has two sash windows to the East. The elevated bedroom with optional segregation, further two sash windows, wall to wall carpet, tundrel bed and reverse cycle air-conditioning make this an outstanding option in the heart of the City.

Held by the Developer and never been lived in, it will be as if you are buying a new apartment.

Property History for 507/1 Manchester Lane, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$192,500
26 Nov 2019
  • 26 Nov 2019
    Sold for $192,500
  • 24 Feb 2013
    Sold for $377,500
  • 01 Feb 2013
    Listed for Sale Not Disclosed
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 250 properties listed for sale, and 157 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.